MA Emperor insiliconot Strategy by shawnteoh
By shawnteoh
Performance Metrics
- Author: shawnteoh
- Symbol: BINANCE:LTCUSDT
- Timeframe: 4 hours
- Net P&L: +207.37 NONE (+0.21%)
- Win Rate: 57.7%
- Profit Factor: 3.275
- Max Drawdown: 40.96 NONE (0.04%)
- Total Trades: 26
- Sharpe Ratio: −6.903
Description
Apr 28, 2021Converted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to: Specify time period for backtesting Specify order quantity Toggle original indicators (default off)Quoting EmperorBTC: Entry is to be made when the1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.3. The price should be at-least above the 0.236 Level from the Swing high.Kindly note that the strategy only attempts to do check number 1, where it ensures the entry opens above the cross-over.May 6, 2021Release NotesUpdated to Pine Script v4 and implemented more checks before buying/selling: Candle closes above / below the cross Candle closes above 0.236 Fib / below 0.764 Fib from the most recent swing high / swing low Next Heikin Ashi candle is green / redMay 7, 2021Release NotesUpdated formula for pivot pointsMay 10, 2021Release NotesMissed out a line to comment out for alertJun 18, 2021Release NotesSimplified backtest range inputAlternate background color for signals instead of using floating shapesRemove order quantity input, can be done via TradingView's in-built strategy properties which are much more robustJun 18, 2021Release NotesLeft the old floating shapes commented out in case anyone prefers them